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harry reid submitted his own plan. as of this point he does not have support to get to the magical 60 threshold we hear so much, 60 votes out of 100 in the senate to get it passed out of there, so the key becomes senate republicans. there are furious negotiations going on behind the scenes today as we speak, trying to alter that measure that reid submitted last night in a way to attract at least seven, but hopefully more if you're a democrat, if you're president obama, to the bill so they can get it passed. the first crucial test, tonight in the wee hours or i should say tomorrow morning at 1:00 a.m., sort of a test vote, a procedural vote, in the senate. a best case scenario, this will go right up to the deadline. if they get through the senate, it goes back to the house. another torturous session there. we'll go right to tuesday on this thing, very little doubt about it at this point. >> i'm curious if we're going to see the picture of congressional leaders coming to the white house or conversely, as we've seen in, y
harry reid submitted his own plan. as of this point he does not have support to get to the magical 60 threshold we hear so much, 60 votes out of 100 in the senate to get it passed out of there, so the key becomes senate republicans. there are furious negotiations going on behind the scenes today as we speak, trying to alter that measure that reid submitted last night in a way to attract at least seven, but hopefully more if you're a democrat, if you're president obama, to the bill so they can...
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but a lot of people in this town can never say yes. >> now it's senator harry reid's turn. will his solution win bipartisan support? this as the deadline looms after a brutal week for the markets with increased pressure from wall street to produce an agreement before monday's opening bell. plus, what this crisis means for funding troops in afghanistan. this morning many soldiers are asking, will we get paid? >>> good morning, everyone, i'm alex witt. welcome to msnbc saturday. we're approaching 10:00 a.m. on the east coast, 7:00 a.m. out west. congress has set itself up for a day of infighting today as the debt deadline draws dangerously close. the senate will start its session at 1:00 p.m. eastern and it's planning to debate a debt bill for at least 12 hours before holding a t
but a lot of people in this town can never say yes. >> now it's senator harry reid's turn. will his solution win bipartisan support? this as the deadline looms after a brutal week for the markets with increased pressure from wall street to produce an agreement before monday's opening bell. plus, what this crisis means for funding troops in afghanistan. this morning many soldiers are asking, will we get paid? >>> good morning, everyone, i'm alex witt. welcome to msnbc saturday....
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but harry reid's strategy will try to be and convince eight to ten, 12 republican senators to come on board with his compromise. he'll put a sweetener in there for them to try to say, look, come over to our side, let's pass this through the united states senate and send it over to the house. the problem is the clock becomes a main issue. in order to go by the procedures, you'll see the 1:00 a.m. test vote, that could be pushed back to tomorrow if negotiations are ongoing between reid and mcconnell. but unless they agree to expedite the process, the earliest the house could see this is possibly tuesday morning, tuesday afternoon. you saw how difficult it was for speaker john boehner to get a bill out of the house that just had republican support. any compromise bill that reid sends over there, even if republicans back it in the united states senate is expected i've heard from the gop aide to lose 100 to 140 republicans, maybe even more than that. you could see a scenario where on tuesday night john boehner receives a compromise bill from the united states senate and he's going to have
but harry reid's strategy will try to be and convince eight to ten, 12 republican senators to come on board with his compromise. he'll put a sweetener in there for them to try to say, look, come over to our side, let's pass this through the united states senate and send it over to the house. the problem is the clock becomes a main issue. in order to go by the procedures, you'll see the 1:00 a.m. test vote, that could be pushed back to tomorrow if negotiations are ongoing between reid and...
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we're waiting to hear from harry reid. let me show you the shot on capitol hill expecting him to come out in the senate and to address reporters on what the next step is on his plan about collie tur in the senate. in the meantime, we're asking the president who's insisting on any solution at this point, it must be bipartisan. my big question today, have we reached a point in american politics where a bipartisan solution is just a pipe dream? it seems like we're getting to that point. a lot of frustration from capitol hill. here's the way you reach me, facebook, twitter on email. okay, so right now there's no path to a deal. time's running short. the president has urged both sides to get together. get a deal that he can sign. >> there are plenty of ways out of this mess. but we are almost out of time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. >> senator ben carden is a democrat from maryland, a member of the budget and finance committee. senate, good to see
we're waiting to hear from harry reid. let me show you the shot on capitol hill expecting him to come out in the senate and to address reporters on what the next step is on his plan about collie tur in the senate. in the meantime, we're asking the president who's insisting on any solution at this point, it must be bipartisan. my big question today, have we reached a point in american politics where a bipartisan solution is just a pipe dream? it seems like we're getting to that point. a lot of...
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. >> now it's senator harry reid's turn. will his solution win bipartisan support? this is the deadline looms after a brutal week for the markets. the latest on the increased pressure from wall stret to produce an agreement before monday's opening bell. plus, the default fallout. what if the nation loses its aaa credit rating. how would that affect the average american? we have some answers for you. good morning. i'm alex witt welcome to msnbc saturday. marathon negotiations are planned many the senate today. a working weekend. as the debt clock ticks closer to midnight, the senate will start its session at 1:00 p.m. eastern. it is scheduled to test vote 12 hours later at 1:00 a.m. early sound morning. meantime the house is meeting this afternoon. sit planning a vote to reject the senate bill before it has even been passed. with just three days to the default deadline, tensions on the hill are higher than ever. >> it is time for the administration and time for our colleagues across the aisle put something on the table. tell us where you are. >> the proposal that i p
. >> now it's senator harry reid's turn. will his solution win bipartisan support? this is the deadline looms after a brutal week for the markets. the latest on the increased pressure from wall stret to produce an agreement before monday's opening bell. plus, the default fallout. what if the nation loses its aaa credit rating. how would that affect the average american? we have some answers for you. good morning. i'm alex witt welcome to msnbc saturday. marathon negotiations are planned...
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first, harry reid's proposal is a compromise. a compromise because democrats have no revenues in it, plus we have yielded to the republicans to have dollar for dollar reduction in spending for the increase in the debt ceiling. so it represents a good faith compromise. second point, this is a cloture vote which means republicans if they don't vote for this, means they would filibuster, raising the debt ceiling, something we haven't done in the past. that's the real symbolism behind this vote. it's an important vote. we hope we will get the necessary 60 votes so that it is penneding and we can vote on it by majority vote. >> okay. how quickly could the senate potentially pass a bill today? could that happen right at 1:00? or would that be later on in the afternoon with amendments and tweaking? >> well, if the cloture vote would pass there, is a required 30 hours of debate. any senator could block us for taking the vote off tomorrow. having said that, if we can reach an agreement. we hope we could allow earlier voting, get an agreem
first, harry reid's proposal is a compromise. a compromise because democrats have no revenues in it, plus we have yielded to the republicans to have dollar for dollar reduction in spending for the increase in the debt ceiling. so it represents a good faith compromise. second point, this is a cloture vote which means republicans if they don't vote for this, means they would filibuster, raising the debt ceiling, something we haven't done in the past. that's the real symbolism behind this vote....
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s en harry reid over at the white house. they engaged in direct and separate talks with the president and vice president. nbc correspondent, mike viqui a viquiera. there is the show we want. >> reporter: there is the white house. >> the negotiation stands at what? >> reporter: furious negotiations continue at the staff level at this point. they have been talking as you know. mitch mcconnell, let's rewind a couple of days. the republican leader and the democratic leader saying look, he sort of reversed course. i don't want to negotiate directly with you anymore, majority leader, i want to talk with the president. the republicans pulled the plug on the grand bargain and congress said i got this. after a week of drama and calisthenics and frustration and anger that went along with it that we have been reporting, turns out they couldn't get it done. they turned to the white house, the president and vice president playing a key role and using the relationships he used to try to work something out. at this hour, they appear to hav
s en harry reid over at the white house. they engaged in direct and separate talks with the president and vice president. nbc correspondent, mike viqui a viquiera. there is the show we want. >> reporter: there is the white house. >> the negotiation stands at what? >> reporter: furious negotiations continue at the staff level at this point. they have been talking as you know. mitch mcconnell, let's rewind a couple of days. the republican leader and the democratic leader saying...
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right now the harry reid plan offers the best hope. why? it cuts a lot more money than the house. >> the harry reid plan is not being proposed in the house of representatives. right now it's the boehner plan being proposed in the house of representatives. would you -- if it's passed the way that boehner has proposed it, i know they're finding on more spending cuts to get to trillion dollars, if the house can pass that, will you support it in the senate? >> boehner plans come over and he can marshall his forces then i would support a harry reid amendment to that that would improve it. it's not only the trillion, we have to have enough money to give confidence in those who rate the credit worthiness of the united states of america that we're serious about cuts and we're serious about reform. which is our path forward with this joint committee. >> senator, have you ever seen a divide like this? you're more than 20 years serving in the senate? >> no i know you just had the firefighters on from new york. my heart goes out to their situation. but
right now the harry reid plan offers the best hope. why? it cuts a lot more money than the house. >> the harry reid plan is not being proposed in the house of representatives. right now it's the boehner plan being proposed in the house of representatives. would you -- if it's passed the way that boehner has proposed it, i know they're finding on more spending cuts to get to trillion dollars, if the house can pass that, will you support it in the senate? >> boehner plans come over...
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harry reid will try to get a closure vote the around 1:00 a.m. tonight trying to bring over republicans to some sort of comp midz. it's unclear whether you can make that 1:00 a.m. deadline. that is why he needs to get in touch with mcconnell and president obama needs to figure something out over the weekend. >> yeah. you know, luke, the big difference between the house gop plan and the senate democrat plan is that this balanced budget amendment, that's what the gop wants. beyond that, though, both plans seem to call for spending caps for special committees to find more deficit cuts. they almost seem similar, though, when i posed that to chuck todd, he was, like, yeah, but there are very important big points, and they're far apart on those. do you agree with that? it's one of those things which if you had approached this to a republican last year, they would have signed it in two seconds. the top leadership aides will admit that. to talk about the reid deal. what you see the similarities is trillion dollars in spending, spending caps. the two sign
harry reid will try to get a closure vote the around 1:00 a.m. tonight trying to bring over republicans to some sort of comp midz. it's unclear whether you can make that 1:00 a.m. deadline. that is why he needs to get in touch with mcconnell and president obama needs to figure something out over the weekend. >> yeah. you know, luke, the big difference between the house gop plan and the senate democrat plan is that this balanced budget amendment, that's what the gop wants. beyond that,...
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i have to tell you, in addition what we heard about that bickering between harry reid and mitch mcconnell and proceeded by mitch mcconnell saying we are close to a deal, we are monitoring "meet the press" and have white house adviser saying no, we don't have a deal yet. me what's going on right now politically speaking. democrats and republicans seem to be just side stepping each other to try it get a deal with the white house. what's happening. >> what you have is a committed extreme right wing who are not going to give in on anything. the challenge is to put it together without them. he will have to risk his speakership in order to do what is right for the country. that's the biggest problem. >> okay. howard, all of these reports have a nugget at the center of them that save us a tentative agreement on a framework of a deal. that would cut over a trillion in spending. medicare is exposed to deeper cuts. what's your reaction? >> we can't ask middle class people to take it on the chin without letting the billionaire that is the republicans are supporting take heat too. it's only fair that
i have to tell you, in addition what we heard about that bickering between harry reid and mitch mcconnell and proceeded by mitch mcconnell saying we are close to a deal, we are monitoring "meet the press" and have white house adviser saying no, we don't have a deal yet. me what's going on right now politically speaking. democrats and republicans seem to be just side stepping each other to try it get a deal with the white house. what's happening. >> what you have is a committed...
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there's a plan cooked up by mitch mcconnell along with harry reid that would essentially allow the president to raise the debt ceiling, avoid default and a series of cuts that congress has to consider. that's where we are right now. sort of dancing around each other. there's talk of revisiting that $4 trillion grand bargain that everybody was talking about but the clock is ticking. we're 16 days away from a potential default. >> thank you. coming up this hour, reality check on the debt even as they work towards a solution. some lawmakers have been grandstanding and maybe even campaigning as the crisis continues. the politics versus the real issues coming up on that. >>> china is furious with president obama for meeting with the dalai lama at the white house on saturday. the leader met with the president for 45 minutes. he's been in washington for an 11 day bud hit ritual. china considers the dalai lama as a separatist. >>> sources confirming rebekah brooks has been arrested in the hacking scandal. brooks resigned last week. she was formerly the editor of the "news of the world" newspaper. br
there's a plan cooked up by mitch mcconnell along with harry reid that would essentially allow the president to raise the debt ceiling, avoid default and a series of cuts that congress has to consider. that's where we are right now. sort of dancing around each other. there's talk of revisiting that $4 trillion grand bargain that everybody was talking about but the clock is ticking. we're 16 days away from a potential default. >> thank you. coming up this hour, reality check on the debt...
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they worked on this plan over the weekend along with harry reid and staffers in both of their offices. it might also come with some cuts about $1 trillion in cuts as well as tax and sbiet element reform commission. here's the question, will it pass with republicans. as you mentioned some of them are opposed to this plan. they don't think it's the right way to move forward. so we'll have to see. it is possible we'll see some legislation on this more private mcconnell-reid plan toward the end of the week beginning of next week. >> thanks. >>> the u.s. women's soccer team is vowing to come back stronger than ever after a heartbreaking loss to japan in the world cup finals. the americans went down 3-1 on penalty kicks after a 2-2 tie. mid fielder carly lloyd said if anything team had to win she's glad it's japan. and her teammate abbey woman back said it seemed that i can their country need them to win more than ours. >>> newt gingrich's presidential campaign is over million dollars in debt and nearly half of that is from his preferred mode of transportation. . plus turning the tables on
they worked on this plan over the weekend along with harry reid and staffers in both of their offices. it might also come with some cuts about $1 trillion in cuts as well as tax and sbiet element reform commission. here's the question, will it pass with republicans. as you mentioned some of them are opposed to this plan. they don't think it's the right way to move forward. so we'll have to see. it is possible we'll see some legislation on this more private mcconnell-reid plan toward the end of...
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take a listen to what harry reid said on the senate floor today. >> house majority leader eric cantor has shown he shouldn't even be at the table. the time for personal gain and political posturing are over. it's time to put our economy and our country first. >> republicans will not be reduced to being the tax collectors for the obama economy. >> reporter: the question now becomes what exactly is a way forward. i spoke to one gop aide before i came over here, said picking on eric cantor, definitely not fruitful, it will not help these negotiations. they are trying to figure out a way in which they can actually cut spending in order to exchange for raising the debt limit. we have heard reports of numbers, $1.5 trillion in cuts, but president obama insisted there must be some sort of revenue, i.e., tax increasin this type of plan. there are some folks on the republican side that maybe we can do it in a way that's hidden. you can raise fees, for example, airline security fee, cut ethanol subsidies, do things that have to do with corporate jet loopholes and yachts. those things that would
take a listen to what harry reid said on the senate floor today. >> house majority leader eric cantor has shown he shouldn't even be at the table. the time for personal gain and political posturing are over. it's time to put our economy and our country first. >> republicans will not be reduced to being the tax collectors for the obama economy. >> reporter: the question now becomes what exactly is a way forward. i spoke to one gop aide before i came over here, said picking on...
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that's one of the things that harry reid said he was so disappointed about. you can reach out to me, let me know what you think on facebook, on twitter, on e-mail. congressman hanson clark is a democrat from michigan. let me ask you that question. should house members be at work this weekend dealing with this debt mess? >> yes, we should. but we should deal with the true debt that's hurting the american people. we need to cut mortgages and forgive certain student loans. the focus right now has been totally on this federal debt and while it's very important for the government to avoid default so that our interest rates won't go up on the money that we owe, the real true debt that's crushing americans right now is consumer debt. so i want this deal to focus on helping the american people get out of consumer debt by cutting mortgages and forgiving certain student loans, we can create more purchasing power with americans because they will have more money to responsibly spend. that's how you create jobs. also, there's a difference between this federal debt and con
that's one of the things that harry reid said he was so disappointed about. you can reach out to me, let me know what you think on facebook, on twitter, on e-mail. congressman hanson clark is a democrat from michigan. let me ask you that question. should house members be at work this weekend dealing with this debt mess? >> yes, we should. but we should deal with the true debt that's hurting the american people. we need to cut mortgages and forgive certain student loans. the focus right...
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now, some of these rural airports are in the space of harry reid and max baucus. hence, they do not want to have these rural airports defunded by the republican bill. where does this all stem from? the main issue is really a union provision that would in the republican bigger bill that woon allow airline or railroad workers to have a secret ballot when they were to unionize. this is a big, complicated washington slugfest about important issues, laeb relations for democrats, spending for republicans, and essentially what happened at midnight last night, the faa is in a partial shut down. today over 4,000 employees at the faa are furloughed, but the one thing we must emphasize to folks listening to this, who are kind of freaked out, oh, my god, can i still travel if it's shut down. can you still go to the airport because air traffic controllers are considered essential employees, as all safety inspectors who are in charge of megasure the airplanes run safely and take you through destinations. there is no difference if you go to the airport except for one little thin
now, some of these rural airports are in the space of harry reid and max baucus. hence, they do not want to have these rural airports defunded by the republican bill. where does this all stem from? the main issue is really a union provision that would in the republican bigger bill that woon allow airline or railroad workers to have a secret ballot when they were to unionize. this is a big, complicated washington slugfest about important issues, laeb relations for democrats, spending for...
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>> senate majority leader harry reid in the senate, mitch mcconnell, republican leader in the senate will be given high marks by their parties for their tough tactics and their shrewd strategy. i think president obama only wins the day if a deal comes out and we see some stability in this debate and real promise of real reforms to come and stability in the bond market in the weeks and months to come, if this continues to remain volatile, i think he loses, because the economy is in a slow to no growth peril right now. in a bad time for any type of downgrade for the ratings agency. john boehner the house speaker, i think he has won the day. won the respect of independent voters and democrats who feel sorry for him. we just don't know yet. if the establishment wing of the republican party will be joined by hard-core conservatives after they have to vote on a final deal. we style might have people disappointed in john boehner at the end of the day. he doesn't have the votes to pass through what theyment him to pass through. >> indeed. amy stoddard, don't go too far. we'll see you next ho
>> senate majority leader harry reid in the senate, mitch mcconnell, republican leader in the senate will be given high marks by their parties for their tough tactics and their shrewd strategy. i think president obama only wins the day if a deal comes out and we see some stability in this debate and real promise of real reforms to come and stability in the bond market in the weeks and months to come, if this continues to remain volatile, i think he loses, because the economy is in a slow...
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harry reid and nancy pelosi, and mitch mcconnell from the senate and john boehner who has been the president's chief interlocker over the several weeks. the question is can they pick up the pieces after the deal crashed and burned, the so-called grand bargain last night? ak moneyy back and forth. the president accusing house speaker john boehner of not returning telephone calls. the target is always moving, and moving the goalpost particular eye the issue of taxes, alex. john boehner said we had an deal on $800 billion in revenues. similar to analogous to taxes in washington speak. over the course of ten years, i've got more on my blackberry at this moment. the president came back to the republicans earlier in the week after getting an earful from democrats after seeing a rival plan emerge in the senate that had higher tax revenues. they blame that for kind of messing this whole thing up, fouling up the whole deal, sanding the gears, whatever analogy you want to use. it led to the events of yesterday when the president said he couldn't get a return phone call from john boehner. called over the
harry reid and nancy pelosi, and mitch mcconnell from the senate and john boehner who has been the president's chief interlocker over the several weeks. the question is can they pick up the pieces after the deal crashed and burned, the so-called grand bargain last night? ak moneyy back and forth. the president accusing house speaker john boehner of not returning telephone calls. the target is always moving, and moving the goalpost particular eye the issue of taxes, alex. john boehner said we...
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reid to come up with some sort of bargain they can get through their chamber that the house might be able to hold its nose and pass and everyone can walk away feeling like they got something. house leaders are coming up with a plan to put a bill on the floor this week that republicans are nodding to right now. that bill is called, they are calling it the cut cap and balance bill. conservatives wanted this all along. what it does is it cuts spending pretty deeply. and it caps future congressional spending. so you have an unusual spending of members of congress passing a plan that would tie their hands in the future. but this might be the kinds of things that would allow conservatives to feel like they got their vote. they had their moment. >> go ahead. but a big part, the number that we've been staring at. the tent has grown by leaps and bounds. watched the number in the past ten years. i assume that's what they are doing on the hill. dollars 14.3. some of the biggest factors in the rise here in terms of contributing to that are the bush tax cause, interest paymen payments. now, the s
reid to come up with some sort of bargain they can get through their chamber that the house might be able to hold its nose and pass and everyone can walk away feeling like they got something. house leaders are coming up with a plan to put a bill on the floor this week that republicans are nodding to right now. that bill is called, they are calling it the cut cap and balance bill. conservatives wanted this all along. what it does is it cuts spending pretty deeply. and it caps future...
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. >> today majority leader harry reid grudgingly scheduled a senate vote. it failed just as he predicted. >> this is a very, very bad piece of legislation. >> today's vote could clear the way for one of several compromise deals. >> we all know mr. president there are talks going on between president obama and speaker boehner. >> this was a bit of hope yesterday when "the new york times" reported a possible deal between president obama and house speaker boehner. both sides quickly denied it. >> there is no deal. we are not close to a deal. >> there is no deal. no deal publicly, no deal privately. there is absolutely no deal. >> but he didn't say they're not talking about it. >> we've got to keep the lines of communication open. we talked about fall back options if in fact cut, cap and balance does go down. i do think that it's our obligation to have a fall back plan. >> a flurry of meetings this week and yet the gap between the two sides seems to widen. democrats are standing firm on protecting entitlements. >> they're more willing to decimate medicare than
. >> today majority leader harry reid grudgingly scheduled a senate vote. it failed just as he predicted. >> this is a very, very bad piece of legislation. >> today's vote could clear the way for one of several compromise deals. >> we all know mr. president there are talks going on between president obama and speaker boehner. >> this was a bit of hope yesterday when "the new york times" reported a possible deal between president obama and house speaker...
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harry reid is going to go his own way with a $2.7 trillion reduction plan across the board. both of these contessa are different than any of the grand bargains. reid's extends further than boehner. if boehner sees a short-term option through the house of representatives, he's told his colleagues to stay united. they believe they can take on the white house and win on this. >> real quick, any chance we get a deal today? >> if we get a deal today i will take you out to the most expensive dinner in new york city. >> they'd better get a move on down there. you're witness, we're holding him to it. >> i'm witness. that's right. >> here it is the far right taking heat for holding the debt deal hostage.ç they're not the only one refusing to budge. progressive groups are accusing the president of secretly planning to gut medicare and social security. they said democrats should not budge an inch unless their demands are met. justin good to see you today. >> thank you. >> move on went so far as to join with a number of other progressive groups over the weekend, trying to organize thi
harry reid is going to go his own way with a $2.7 trillion reduction plan across the board. both of these contessa are different than any of the grand bargains. reid's extends further than boehner. if boehner sees a short-term option through the house of representatives, he's told his colleagues to stay united. they believe they can take on the white house and win on this. >> real quick, any chance we get a deal today? >> if we get a deal today i will take you out to the most...
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where the twist is coming in here, harry reid said he would like to start a committee of bipartisan lawmakers, 12 people and as we've seen many times before, committees do not have such a great track record here in washington, the gang of six has come up short many times. and fiscal commission has not been successful. this time they are saying it will be different and this bipartisan committee can enact $1.5 trillion in deficit savings. that's only a small part of this 4 trillion that negotiators are hoping to achieve. it's a start. >> felicia, what about timing? what about timing? we don't have a lot of time in front of us. we have two weeks. is the time limit on this new grand bargain in line what needs done? >> part of the reason this knee option is so, you know, looks so good to a lot of the negotiators it would give them more time to identify those areas that they can enact spending use. $1.5 trillion is the first stage of cuts and these numbers would have to go back and huddle until the end of this year in order to find something more sweeping. so, it would buy them a little bit more ti
where the twist is coming in here, harry reid said he would like to start a committee of bipartisan lawmakers, 12 people and as we've seen many times before, committees do not have such a great track record here in washington, the gang of six has come up short many times. and fiscal commission has not been successful. this time they are saying it will be different and this bipartisan committee can enact $1.5 trillion in deficit savings. that's only a small part of this 4 trillion that...
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. >> reporter: all along you remember that mitch mcconnell working with harry reid, they had a plan viewed as a fallback plan scaled back. it was something house republicans didn't care for. today we hear they've abandoned that plan. they're working on a new path forward. if they're going to pick up the pieces and salvage something here, obviously time is running very short. at the least they have to find that least common deno, ma'am nart to lift that debt ceiling before the deadline of august 2nd. >> we'll see you next hour after that meeting saturdatarts. i spoke with carolyn maloney about the debt crisis. >> he has bent over backwards to find common ground. he has spent more face time negotiating with the other side than any president in history. yet, you have a record of the republican leadership walking away from the biden proposal, walking away from the $4 trillion grand plan, walking away from mcconnell-reid, from the gang of six, they seem to walk away. i truly do believe, alex, if the president came out with a cure of cancer, they would walk out of the room and say no. >> coming
. >> reporter: all along you remember that mitch mcconnell working with harry reid, they had a plan viewed as a fallback plan scaled back. it was something house republicans didn't care for. today we hear they've abandoned that plan. they're working on a new path forward. if they're going to pick up the pieces and salvage something here, obviously time is running very short. at the least they have to find that least common deno, ma'am nart to lift that debt ceiling before the deadline of...
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of course, there's also that mitch mcconnell-harry reid gambet to put all the debt ceiling power in the president's hands for him to be able to raise it by himself, so those are going to be the options at this morning's meeting. i can tell you that with wall street and everyone else looking, they're hoping for some progress this weekend. >> okay. mark murray, we'll have you back in a couple of hours talking about the gop, presidential candidates and the like. thank you so much. >>> for the latest from mark and the rest of the northbound news political unit, head to first read.msnbc.com. >>> developing now. at least 91 people killed in two separate attacks in norway. apparently carried out by one man. police say the gunman opened fire on teens at a youth camp outside oslo, killing 84 people there. that was after a bomb floweded in downtown oslo, killing seven people in that incident. authorities have one man in custody, and they say he is suspected of carrying out both attacks. norway's news agency also says police are investigating if a second suspect may have taken part in the shooting
of course, there's also that mitch mcconnell-harry reid gambet to put all the debt ceiling power in the president's hands for him to be able to raise it by himself, so those are going to be the options at this morning's meeting. i can tell you that with wall street and everyone else looking, they're hoping for some progress this weekend. >> okay. mark murray, we'll have you back in a couple of hours talking about the gop, presidential candidates and the like. thank you so much....
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democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house phones can the white house capitalize on that? >> they're hoping they can. the president addressed the nation last night and a lot of people saying today he didn't really bring up any new points. white house officials are saying look, the president addressed the nation to get in touch with that swath of people have haven't been tuned into this debate every day. if you look at that high volume of calls and people logging on to house websites that luke's talking about, you get the sense that people paid attention at least to what he's saying. again these two sides very much deadlocked. the president say
democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house phones can the white...
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harry reid said yesterday it will be altered. it remains to be seen whether that altered version can get back through the house. house republicans feel if they pass this today, they have done their job, they don't have to do anything else and the president essentially will have their plan, take it or leave it, default will be on his shoulders. >> somebody just said to me this morning i'm not voting for anybody who stands in the way of getting a deal done but i guess that's in the eye of the beholder. who is threatening to veto, threatening to vote against it. are you willing to go to any extreme to get a deal done. we'll be watching it. gentlemen, thank you both. appreciate it. >>> the secretary of transportation warned lawmakers not to hold hostage construction workers, faa employees. governors are warning lawmakers this impasse threatens their state economies. moody's warned five states could face downgrades because of their dependence on federal money. tennessee, maryland, new mexico, south carolina, and virginia. in fact, vir
harry reid said yesterday it will be altered. it remains to be seen whether that altered version can get back through the house. house republicans feel if they pass this today, they have done their job, they don't have to do anything else and the president essentially will have their plan, take it or leave it, default will be on his shoulders. >> somebody just said to me this morning i'm not voting for anybody who stands in the way of getting a deal done but i guess that's in the eye of...
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reid, is going to be the fallback plan that would essentially allow the president to raise the debt ceiling and provide a list of cuts that are going to have to be considered by congress somewhere down the road. the problem is conservatives in the house aren't going for it, there aren't the votes for that right now, they're going to have to do these votes in the house and the senate later this week. perhaps it's going to be a lot clearer wednesday, thursday of this week. meanwhile, we've only got 16 days to go before the possible default after august 2nd, richard. >> mike viqueira, thank you so much. at the white house. >>> much of the midwest is sizzling like it's in a frying pan. forecasters blame scorching temperatures 15 degrees above normal. highs for this time of year, some even hitting triple digits in some states. the weather channel's alex wallace has the latest from a very warm atlanta himself. >> absolutely. they don't call it hotlanta for nothing. but you know, atlanta's actually not going to be too bad in the coming days. it's in the middle of the country, and you can s
reid, is going to be the fallback plan that would essentially allow the president to raise the debt ceiling and provide a list of cuts that are going to have to be considered by congress somewhere down the road. the problem is conservatives in the house aren't going for it, there aren't the votes for that right now, they're going to have to do these votes in the house and the senate later this week. perhaps it's going to be a lot clearer wednesday, thursday of this week. meanwhile, we've only...
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but the white house, and you heard bill daley say it, and we've heard harry reid say it, they will not agree to the short-term deal in the interim here that is being talked about by john boehner and republican leaders. boehner said today he would put that on the floor of the house if they don't come to an agreement by 4:00 today. what's the significance of 4:00 today? that's when the asian markets open on monday. in the far east it would be monday morning, they start to open. if they react negatively to everything we have seen since friday night when the original grand bargain blew up, then i think we're into crisis territory here. so there's a lot at stake. it's a high-stakes negotiation. august 2nd is the deadline. we're nine days out from the possible first default in american history. >> yeah. nine days out from something that nobody wants to see happen certainly. do you expect there to be any announcements from the white house after they get a look at this thing? and do we know it will be delivered at 4:00 p.m. as expected or indicated? >> reporter: it's all very shaky, very tenta
but the white house, and you heard bill daley say it, and we've heard harry reid say it, they will not agree to the short-term deal in the interim here that is being talked about by john boehner and republican leaders. boehner said today he would put that on the floor of the house if they don't come to an agreement by 4:00 today. what's the significance of 4:00 today? that's when the asian markets open on monday. in the far east it would be monday morning, they start to open. if they react...